Economy and commerce
Transfer of foreign technology to Thailand a key facet of EEC: top official
The transfer of technology is at the heart of Eastern Economic Corridor and it is crucial to allow foreign investors some privileges to move the country’s economy forward, the head of the development group says. There has been concern that extended land-leases and other privileges for ...
ASEAN leaders push to realise community’s vision
The 30th ASEAN Summit kicked off on Saturday in Manila, the Philippines, with leaders of the 10-member regional bloc pushing forward the realisation of the ASEAN Community’s Vision 2025. Prime Minister Thongloun Sisoulith led a high-level delegation from Laos at the summit, which took the ...
Ministry intervenes to halt pork price crash
The Agriculture Ministry has confirmed action to combat a drastic drop in pork prices over the past year due to illegal imports of live pigs from neighbouring countries. The price of pork averaged about $2 per kg last year. That has now dropped to $1.25 ...
Millers shun rice crisis loan fund
Rice millers have taken up less than a quarter of a $27 million emergency loan fund to stabilise prices of the grain, blaming late disbursement for the poor take up. Following a price crash last year, the government told the Rural Development Bank to disburse the ...
PM meets with Vietnamese investors in Laos
Prime Minister Nguyễn Xuân Phúc met in Vientiane on April 27 with Vietnamese investors to hear about their difficulties in a bid to help create favourable conditions for Vietnamese investments in Laos. Phúc praised the efforts and results achieved by Vietnamese firms doing businesses in Laos, ...
Infrastructure attracts investment to north Việt Nam
The newly established five modal (rail/road/air/river/sea) infrastructure network has brought a great deal of investment to the Red River Delta, especially Hải Phòng, delegates told a seminar held in HCM City on Wednesday. Hans Kerstens, international business development manager at Deep C Industrial Zones, said ...
Top legislator talks to voters in Cần Thơ
Chairwoman of the National Assembly Nguyễn Thị Kim Ngân met with voters in Cái Răng District of the southern city of Cần Thơ on April 27 to listen to their opinions ahead of the third plenary session of the 14th legislature. Voters from Hùng Thanh Ward ...
Somkid targets 70% Hong Kong market share for Thai rice
Deputy Prime Minister Somkid Jatusripitak has targeted that Thai rice will secure 70 per cent of the Hong Kong market this year. Commerce Minister Apiradi Tantraporn said on Thursday that during Somkid’s four-day visit to Hong Kong that began on Wednesday, he and the Thai ...
Ministry suspends licensing of gas stations, oil warehouses
The Ministry of Industry and Commerce has announced it will temporarily suspend the registration and licensing of currently unregistered gas stations and oil warehouses. New investment proposals on the businesses are also suspended. The move came as the Ministry is taking action to regulate the ...
Vietnamese PM’s visit spurs further cooperation
The first official visit to Laos by Vietnam’s Prime Minister Nguyen Xuan Phuc has proved fruitful as the two governments have inked deals worth millions of dollars. The two-day official visit from April 26-27 was Mr Phuc’s first as Vietnam’s Prime Minister and coincided with ...
